You take great care of your clients and their businesses. Are you taking care of your business? While an increasing percentage of accountants are eyeing retirement, planning for the succession of your firm should not be a consideration just for accountants planning wind down their operations. Firms at all levels should have a succession plan in place. If you or your business partners experience a health crisis, accident, or death, will your practice be positioned to continue to serve your clients? Will your partners and staff have the assurances they need that the firm will continue to operate effectively? Will the value of your firm be preserved for the benefit of your families and beneficiaries?

By attending this course, you will learn:

• The goal of firm succession planning

• The difference between a crisis plan and a retirement plan

• Various types of firm crisis plans

• The transition process for succession retirement plans

• Options for structuring retirement plans

• Firm valuation considerations for both crisis plans and retirement plans

• Ideas for the management of a practice during transition

• A solution offered by Intuit for firms seeking to offload clients

Who Should Attend? Accounting firm owners, managers, and partners

Course Level: Basic

Course Length: 60 Minutes

Delivery Method: Group - Live Internet

Field of Study: Business Management & Organization – Non-Technical

CPE: 1